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Jagmeet Singh Criticizes Mark Carney Over Brookfield’s Tax Haven Ties
BY Connect Newsroom, Apr 11, 2025 7:39 PM - REPORT AN ERROR
While acknowledging that such practices are legal, Singh argued that they represent a form of fraud against Canadian investments.(Photo: The Canadian Press)
NDP Leader Jagmeet Singh has criticized Mark Carney over the ties of Brookfield, the company Carney once headed, to offshore tax havens. Singh expressed concern that Carney may be unwilling to address the issue of offshore tax havens, given that Brookfield has registered entities in tax havens like the Cayman Islands.
While acknowledging that such practices are legal, Singh argued that they represent a form of fraud against Canadian investments. He contended that this situation indicates Carney’s decision not to contribute to Canada while managing these funds, leading him to conclude that Carney cannot be expected to take action against tax havens.
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